Futurum’s principal analyst Daniel Newman reacts to breaking news of talks between Broadcom and VMware surrounding a potential acquisition that would have considerable implications for Broadcom as well as the cloud computing and enterprise software spaces.
Broadcom explores Symantec purchase. Is it really smart diversification, or simply a way to impress shareholders? I’m not so sure. In fact, I’m bearish on this move, mostly for Symantec. However, don’t be surprised if it happens, as Tan is known to be a shrewd negotiator and one who will make the deals he needs to happen to get shareholders the value they are looking for.